Still want to travel this summer, but wondering how you can make it work in these tough financial times? Despite the quickly rising costs for food, transportation, etc., there are ways to cut costs without cancelling your travel plans completely. Here are some tips and suggestions:
- Choose a less expensive destination
- Take fewer trips or reduce the duration
- Choose a location with a shorter distance where you can drive rather than fly
- Sign up for price alerts on travel websites – shop around and check travel prices then book when rates are lowest
- Take a close to home weekend getaway
- Consider trying a staycation
- Bring groceries and snacks with you and meal plan/prep rather than going to a restaurant for every meal
- Try some cheaper (or even FREE) vacation activities such as local libraries, museums, art galleries, state or national parks, walking tours, etc.
- Stay at an Airbnb, bed and breakfast, or with family or friends instead of booking an expensive hotel
- Research all inclusive packages
- Be aware of any hidden fees
- Look into purchasing two one-way tickets rather than one round-trip ticket, as sometimes this may be less expensive
- Don’t buy souvenirs and let your photos be your memories
- Pull out your tents and air mattresses and try a camping trip
- Vacation in an area where summer is not peak season
Whether you use some, all, or none of these tips, the key takeaway is: PLAN, PLAN, PLAN! Be flexible and creative – think outside of the box! Set a budget and stick to it. Research ahead of time. Decide where you may NOT be willing to cut back and decide how you can cut back in other areas to offset. Start saving NOW!
To speak with a Certified Financial Counselor and receive guidance and recommendations related to budgeting, credit, savings, debt, etc., please call us at 716-712-2060. We are happy to help!